Monthly Rent Report
Chelsea Rent Report — September 2022
Asking rents in ZIP 10011, New York City, from 418 listings.
Median 1BR rent in Chelsea was $4,920 in September 2022, down 9.1% (−$490) from August 2022. The middle half of 1BR listings asked between $4,075 and $5,479. That puts Chelsea $2,620 above the New York City citywide 1BR median of $2,300. The month's figures are based on 418 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,300 | −$550 (-14.3%) | — | $2,695 – $3,675 | 31 |
| Studio | $3,750 | −$100 (-2.6%) | — | $3,281 – $4,300 | 98 |
| Studio | $4,970 | +$1,120 (+29.1%) | — | $4,925 – $5,093 | 3 |
| 1BR | $4,920 | −$490 (-9.1%) | — | $4,075 – $5,479 | 108 |
| 1BR | $4,500 | −$910 (-16.8%) | — | $4,025 – $4,500 | 3 |
| 1BR | $6,760 | +$1,350 (+25.0%) | — | $6,530 – $6,990 | 2 |
| 2BR | $5,709 | −$3,291 (-36.6%) | — | $5,338 – $6,079 | 2 |
| 2BR | $5,895 | −$3,105 (-34.5%) | — | $5,895 – $5,895 | 1 |
| 2BR | $6,300 | −$2,700 (-30.0%) | — | $5,288 – $8,950 | 62 |
| 3BR | $7,700 | −$1,295 (-14.4%) | — | $6,538 – $11,000 | 48 |
| 3BR | $7,245 | −$1,750 (-19.5%) | — | $6,000 – $10,995 | 22 |
| 3BR | $6,497 | −$2,498 (-27.8%) | — | $6,248 – $6,746 | 2 |
| 4BR | $9,041 | −$7,459 (-45.2%) | — | $8,375 – $15,364 | 6 |
| 4BR | $9,706 | −$6,794 (-41.2%) | — | $8,375 – $12,500 | 9 |
| 4BR | $9,706 | −$6,794 (-41.2%) | — | $8,708 – $11,802 | 6 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
Chelsea vs. New York City — September 2022
| Bedrooms | Chelsea Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,300 | $2,200 | +$1,100 (+50.0%) |
| Studio | $3,750 | $2,200 | +$1,550 (+70.5%) |
| Studio | $4,970 | $2,200 | +$2,770 (+125.9%) |
| 1BR | $4,920 | $2,300 | +$2,620 (+113.9%) |
| 1BR | $4,500 | $2,300 | +$2,200 (+95.7%) |
| 1BR | $6,760 | $2,300 | +$4,460 (+193.9%) |
| 2BR | $5,709 | $2,800 | +$2,909 (+103.9%) |
| 2BR | $5,895 | $2,800 | +$3,095 (+110.5%) |
| 2BR | $6,300 | $2,800 | +$3,500 (+125.0%) |
| 3BR | $7,700 | $3,395 | +$4,305 (+126.8%) |
| 3BR | $7,245 | $3,395 | +$3,850 (+113.4%) |
| 3BR | $6,497 | $3,395 | +$3,102 (+91.4%) |
| 4BR | $9,041 | $3,998 | +$5,043 (+126.1%) |
| 4BR | $9,706 | $3,998 | +$5,708 (+142.8%) |
| 4BR | $9,706 | $3,998 | +$5,708 (+142.8%) |
Citywide figure is the median of zip-level medians across 171 New York City zip codes with listings in September 2022.